Section 163 Indian Contract Act 1872 (Bailor entitled to increase or profit from goods bailed)
Section 163 Indian Contract Act 1872
Section 163 of the Indian Contract Act 1872 is about Bailor entitled to increase or profit from goods bailed. It is under CHAPTER IX of the Act. CHAPTER IX is titled OF BAILMENT.
Bailor entitled to increase or profit from goods bailed
In the absence of any contract to the contrary, the bailee is bound to deliver to the bailor, or according to his directions, any increase or profit which may have accrued from the goods bailed.
Illustration
A leaves a cow in the custody of B to be taken care of. The cow has a calf. B is bound to deliver the calf as well as the cow to A.
See also:
Section 162 Indian Contract Act 1872 (Termination of gratuitous bailment by death)